India Commercial Laundry Equipment Market (2020-2026) | Trends, Companies, Growth, Revenue, Share, Size, Industry, Value, Outlook, COVID-19 IMPACT, Analysis & Forecast

India commercial laundry equipment market is expected to witness robust growth over the coming years on account of a growing population as well as expanding tourism, hotel, travel, and lodging sector. Further, technological advancement as well as increasing the working-class population will further boost the growth of the commercial laundry equipment market in India. Additionally, India is witnessing a trend of corporates outsourcing their laundry requirement to new companies involved in the laundry business, particularly across key metro cities such as Delhi, Mumbai, Calcutta, and Bangalore. Further, a growing number of investments and partnerships and alliances among electronic companies and technology players will further boost the demand for the commercial laundry equipment market in India during the forecast period.

According to 6Wresearch, India Commercial Laundry Equipment Market size is expected to witness substantial growth during 2020-2026. Rising population, growing tourism, transport and hospitality sector, growing need for eco-friendly chemicals, busy lifestyle, and increasing working-class population, as well as government incentives to adopt sustainable practices to preserve water, are some of the key growth drivers of the commercial laundry equipment market in India. However, the growth of commercial laundry equipment in India is anticipated to witness a slowdown during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover at the beginning of the year 2021 in some regions in India, whereas, in other regions of India the market is likely to recover gradually over the next few years.

In terms of capacity, the commercial laundry equipment market in India is categorized into 0–30 Kg, 31–50 Kg, and 51Kg & Above. Whereas, based on end-users, the India commercial laundry equipment market is segmented into laundromats, hospitality, hospitals & care homes, multi-housing, schools & universities, public sector, and others. Currently, the hospitality, hospitals & care homes segment dominates the overall commercial laundry equipment market sales in India due to the busy lifestyle of consumers.

Additionally, growing investment in public infrastructure along with developing the hospitality and tourism sector will further drive the demand for the commercial laundry equipment market in India over the coming years. Further, the hospitals and clinics are also recording significant growth in revenues due to the spread of the Covid-19 pandemic which has resulted in increased usage of commercial laundry equipment across hospitals and other healthcare centers in India.

India commercial laundry equipment market is characterized by a large number of local players and startup companies. Some of the key players operating in India commercial laundry equipment market are Samsung, Electrolux AB, Whirlpool Corporation, Alliance Laundry Systems Limited, IFB, Dexter Laundry Systems, EDRO Corporation, and Forenta LP.

The India commercial laundry equipment market report comprehensively covers the market by capacity, by end-users, and by regions including Eastern, Western, Northern, and Southern. The India commercial laundry equipment market outlook report provides an unbiased and detailed analysis of the India commercial laundry equipment market trends, India commercial laundry equipment market share, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

India commercial laundry equipment market is anticipated to witness potential growth in the coming timeframe on the back of the rising tourism sector coupled with increased hospitality infrastructure like hotels which tends to provide laundry facilities to ensure better accommodation and encourage tourists for long stay and is estimated to propel the adoption for laundry equipment in the country. Further, an increased number of dual working families coupled with a rising ratio of working women with various responsibilities and due to their busy schedule has no time for the laundry along with rising discretionary income which tends to afford laundry facility and is estimated to spur the potential growth of India commercial laundry equipment market in the upcoming six years.

Key Highlights of the Report:

• India Commercial Laundry Equipment Market Overview
• India Commercial Laundry Equipment Market Outlook
• India Commercial Laundry Equipment Market Forecast
• Historical Data of India Commercial Laundry Equipment Market Revenues for the Period 2016-2019
• India Commercial Laundry Equipment Market Size and India Commercial Laundry Equipment Market Forecast of Revenues, Until 2026
• Historical Data of India Commercial Laundry Equipment Market Revenues, By Capacity, for the period 2016-2026
• Market Size & Forecast of India Commercial Laundry Equipment Market Revenues and Volumes, By Capacity, Until 2026.
• Historical Data of India Commercial Laundry Equipment Market Revenues, By End Users, for the period 2016-2026
• Market Size & Forecast of India Commercial Laundry Equipment Market Revenues and Volumes, By End Users, Until 2026.
• Market Drivers and Restraints
• India Commercial Laundry Equipment Market Trends and Industry Life Cycle
• Market Opportunity Assessment
• India Commercial Laundry Equipment Market Share, By Players
• India Commercial Laundry Equipment Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

 Markets Covered

The India Commercial Laundry Equipment market report provides a detailed analysis of the following market segments:

• By Capacity:
• 0–30 Kg,
• 31–50 Kg, and
• 51Kg & Above 
  
  
• By End Users:
• Laundromats
• Hospitality
• Hospitals & Care Homes
• Multi-Housing
• Schools & Universities
• Public Sector
• Others
  
  
• By Regions:
• Eastern
• Western
• Northern
• Southern

Frequently Asked Questions About the Market Study (FAQs):